Leveraged traders lost roughly $2 billion to crypto liquidations in the 24 hours to 15 November 2026. The cascade wiped out 312,061 of them. Bitcoin slid to $61,970, its lowest level since July, and long positions took about 87% of the damage, our newsroom's report shows.
Saturday's $1.8B of long liquidations is the biggest one-day total since February and far above any other day since August.
Saturday, 14 November alone burned $1.8 billion of long liquidations, the worst single day for longs since February. February's slide from about $90,000 to a $60,033 low had produced $1.68 billion in simultaneous liquidations. Longs have now lost $7.6 billion across November. The largest single position wiped out was a $16.2 million Ethereum long on Binance.
The total crypto market shed $335 billion in the week to 14 November. Ethereum fell to $1,710 and Solana touched $67 in the rout. Ash Crypto and Whale Scan called the selloff orchestrated, and no public evidence confirms those claims. The simpler explanations: excess leverage that accelerated the decline once key supports broke, spot Bitcoin ETF outflows of hundreds of millions across consecutive sessions, and hotter-than-expected US CPI.
Some buyers met the dip. Wallets linked to ShapeShift founder Erik Voorhees bought 48,647 ETH for about $97 million over four days at an average of $1,994 per token, Lookonchain data flagged on 14 November shows.
Liquidations drag Bitcoin back to 2024 prices
DropsTab's price charts frame how far the reset has gone. Bitcoin changed hands near $65.6K on 15 November, the same level as March 2024. Ethereum at $1,831 matches April 2023. Solana at $72 trades where it did in December 2023.
Bitcoin is back to March 2024 prices, Ethereum to April 2023 and Solana to December 2023.
From all-time highs, 20 of the 30 major coins charted sit 80% or more below their records. Only TRX and HYPE, each about 30% off their peaks, stay within a third of them. Bitcoin trades 48% below the $126,195.41 record it set on 6 October 2025, per DropsTab price history.
Only TRX and HYPE are within a third of their all-time highs, while 20 of 30 coins are down more than 80%.
Bitcoin fear index hits 10 as whales bleed
The Fear and Greed Index dropped to 10 on 15 November, deep in extreme fear, from 29 a week earlier. Alternative.me confirms both prints. Our chart puts the chance of Bitcoin falling below $60K in November at 39.5%. Kalshi's Below $60,000 market read 37% on the same day. Both figures are market-implied probabilities and drift with price.
The index fell from 29 a week ago to 10, with a 39.5% chance of Bitcoin dropping below $60K in November.
Whale crypto liquidation risk builds on Hyperliquid
The wallet known as Loracle holds an $80 million Bitcoin long on Hyperliquid, an exchange that lists oil, gold and tokenized stocks alongside crypto. The position was roughly $15.9 million under water as of 15 November. Its liquidation price sits at $50.8K, about 18% below the $61,970 low. The Loracle tag is informal, and Hypurrscan, the wallet tracker, carries no label for the address.
A second wallet, 0x0cc1, ran an $81 million Brent oil long at an $8.6 million loss on 14 November. A day later it held no open positions and $14.4 million USDC in spot. The oil trade closed or liquidated in between.
If Bitcoin slides further, Loracle's liquidation level at $50.8K sits in public view, and the market can lean on visible levels like it. Machi Big Brother has lost more than $80 million across nearly 500 liquidations on the venue since September 2025, earning the nickname King of Liquidations.
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